From career breakthroughs to professional milestones, explore how Jeff Bezos made an impact.
Jeff Bezos is an American businessman renowned as the founder, executive chairman, and former CEO of Amazon, a global leader in e-commerce and cloud computing. He is among the wealthiest individuals globally, with an estimated net worth exceeding $220 billion as of May 2025, according to Forbes. Bezos held the title of the world's richest person from 2017 to 2021, according to Forbes and Bloomberg, solidifying his status as a prominent figure in both the business and technology sectors.
After graduating from college in 1986, Jeff Bezos was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others. He first worked at Fitel, a fintech telecommunications start-up.
In 1986, Jeff Bezos graduated from Princeton University with a degree in engineering and subsequently began working on Wall Street.
In 1988, Jeff Bezos transitioned into the banking industry when he became a product manager at Bankers Trust.
From 1990, Jeff Bezos worked at D. E. Shaw & Co, a newly created hedge fund with a strong emphasis on mathematical modelling.
On July 5, 1994, Jeff Bezos and his then-wife, MacKenzie Scott, officially founded Amazon in a rented garage in Bellevue, Washington, marking the start of the online bookstore.
By 1994, Jeff Bezos had become D. E. Shaw's fourth senior vice-president by age 30.
In 1994, Jeff Bezos and MacKenzie moved to Seattle, Washington, where Bezos founded Amazon.
In mid-1994, Jeff Bezos founded Amazon, initially as an online bookstore, during a road trip from New York City to Seattle.
Jeff Bezos first became a millionaire in 1997 after raising $54 million through Amazon's initial public offering (IPO).
Jeff Bezos used the $54 million raised during Amazon's 1997 equity offering to finance the aggressive acquisition of smaller competitors.
The Motley Fool estimated that if Jeff Bezos had not sold any of his shares from its original public offering in 1997, his net worth would sit at $181 billion in 2018.
In 1998, Jeff Bezos diversified Amazon into the online sale of music and video, expanding the company's product offerings.
Since 1998, Jeff Bezos has published an annual letter for Amazon shareholders wherein he frequently refers to five principles: focus on customers, not competitors; take risks for market leadership; facilitate staff morale; build a company culture; and empower people.
In 1999, Jeff Bezos purchased a majority stake in pets.com.
In September 2000, Jeff Bezos founded Blue Origin, a human spaceflight startup, reflecting his long-held interest in space travel and the development of human life in the Solar System.
In 2000, Jeff Bezos founded Blue Origin, an aerospace manufacturer and sub-orbital spaceflight services company.
In 2002, Jeff Bezos led Amazon to launch Amazon Web Services, which compiled data from weather channels and website traffic.
From 2003 to 2017, Rob Meyerson led Blue Origin and served as its first president.
In 2003, Amazon rebounded from financial instability and turned a profit of $35 million.
From 2005 to 2007, Jeff Bezos quadrupled his net worth to $8.7 billion.
From 2005 to 2007, Jeff Bezos quadrupled his net worth to $8.7 billion.
Between 2009 and 2017, Jeff Bezos donated to the Fred Hutchinson Cancer Research Center.
In 2010, Jeff Bezos donated $100,000 towards a movement against a Washington state income tax for "top earners".
Jeff Bezos's wealth rose by 85.2% in 2010, leaving him with $12.6 billion and ascending him to the 43rd spot on the ranking from 68th.
In his initial discussion of the project which became Alexa with his technical advisor Greg Hart in 2011, Jeff Bezos told him that the goal was to create "the Star Trek computer."
In 2012, Jeff Bezos and MacKenzie Bezos supported the legalization of same-sex marriage, and contributed $2.5 million to Washington United for Marriage, a group supporting a yes vote on Washington Referendum 74.
In May 2013, Jeff Bezos met with Richard Branson of Virgin Galactic to discuss commercial spaceflight opportunities and strategies.
On August 5, 2013, Jeff Bezos announced his purchase of The Washington Post for $250 million in cash, influenced by Don Graham's suggestion.
On October 1, 2013, the sale of The Washington Post to Nash Holdings, a holding company established by Jeff Bezos, closed, and Nash Holdings took control of the newspaper.
In 2013, Bezos Expeditions funded the recovery of two Saturn V first-stage Rocketdyne F-1 engines from the floor of the Atlantic Ocean. These engines were identified as belonging to the Apollo 11 mission's S-1C stage from July 1969.
In 2013, Jeff Bezos pledged $500,000 to Worldreader, a non-profit organization founded by a former Amazon employee.
In 2013, Jeff Bezos purchased The Washington Post, a major American newspaper, for $250 million.
In 2013, Jeff Bezos secured a $600-million contract with the Central Intelligence Agency (CIA) on behalf of Amazon Web Services.
In 2014, Amazon won a bid for a cloud computing contract with the CIA valued at $600 million.
In 2014, after a rumor surfaced that Amazon was developing a smartphone, Jeff Bezos' net worth increased to $30.5 billion.
In 2015, Blue Origin's New Shepard vehicle reached space and successfully landed back on Earth.
In 2015, Jeff Bezos announced the development of a new orbital launch vehicle at Blue Origin, with its first flight expected in the late-2010s. Also in November, Blue Origin's New Shepard space vehicle successfully rocketed into space, reached a test altitude of 329,839 feet (100.5 kilometers), and executed a vertical landing in West Texas.
In January 2016, Jeff Bezos aimed to reinvent The Washington Post as a media and technology company by reconstructing its digital media, mobile platforms, and analytics software.
In March 2016, Jeff Bezos' net worth was registered at $45.2 billion according to Forbes.
In May 2016, Jeff Bezos sold slightly more than one million shares of his holdings in Amazon for $671 million, which was the largest sum he had ever raised from selling some of his Amazon stock.
On August 4, 2016, Jeff Bezos sold another million of his shares for $756.7 million.
In October 2016, Jeff Bezos' wealth increased by $16.2 billion, reaching $66.5 billion, unofficially ranking him as the third-richest person in the world, behind Warren Buffett.
Following the 2016 presidential election, Jeff Bezos was invited to join Donald Trump's Defense Innovation Advisory Board, which advises on improving technology used by the Defense Department.
From 2016 to 2017 Jeff Bezos's wealth grew rapidly sparking discussion about how much money Bezos earned.
Since 2016, Jeff Bezos has been selling $1 billion in Amazon stock each year to capitalize Blue Origin in an effort to support his hopes to colonize the solar system.
From January 2017 to January 2018, Jeff Bezos's net worth increased by $33.6 billion, surpassing the economic development of more than 96 countries around the world.
In May 2017, Jeff Bezos donated $1 million to the Reporters Committee for Freedom of the Press, which provides legal services for American journalists.
On June 15, 2017, Jeff Bezos posted on Twitter seeking ideas for a philanthropy strategy focused on long-term impact, reflecting on his lifetime spending of approximately $100 million on charitable causes at that time.
In July 2017, Jeff Bezos briefly surpassed Microsoft co-founder Bill Gates as the wealthiest person in the world due to jumps in Amazon's share price.
On October 10, 2017, Jeff Bezos made an estimated $6.24 billion in 5 minutes, slightly less than the then annual gross domestic product of Kyrgyzstan.
Throughout the month of October 2017, Jeff Bezos continued to sporadically surpass Bill Gates as Amazon's share price fluctuated.
Between 2009 and 2017, Jeff Bezos donated to the Fred Hutchinson Cancer Research Center.
From 2003 to 2017, Rob Meyerson led Blue Origin and served as its first president.
In 2017, Amazon created 130,000 jobs and the $28,446 figure for its median salary was called misleading, as it included part-time workers.
In 2017, Jeff Bezos's $250,000 investment in Google in 1998 resulted in 3.3 million shares of Google stock, worth about $3.1 billion.
From January 2017 to January 2018, Jeff Bezos's net worth increased by $33.6 billion, surpassing the economic development of more than 96 countries around the world.
In January 2018, Jeff Bezos announced his involvement in a new, unnamed healthcare company, later named Haven, which is a partnership between Amazon, JPMorgan, and Berkshire Hathaway.
In January 2018, Jeff Bezos donated $33 million to TheDream.US, a college scholarship fund for undocumented immigrants brought to the United States as minors.
On February 1, 2018, Amazon reported its highest ever profit with quarterly earnings of $2 billion.
In March 2018, Jeff Bezos dispatched Amit Agarwal to India with $5.5 billion to localize Amazon's operations and U.S. President Donald Trump accused Amazon and Bezos of sales tax avoidance and anti-competitive practices.
In March 2018, Jeff Bezos met with Mohammad bin Salman, the crown prince of Saudi Arabia, in Seattle to discuss investment opportunities for Saudi Vision 2030.
In June 2018, Jeff Bezos donated to Breakthrough Energy Ventures, a private philanthropic fund founded by Bill Gates aimed at promoting emissions-free energy.
On July 17, 2018, Jeff Bezos was designated the "wealthiest person in modern history" by the Bloomberg Billionaires Index, Fortune, MarketWatch, The Wall Street Journal, and Forbes.
In September 2018, Jeff Bezos announced that he would commit approximately $2 billion to a fund to deal with American homelessness and establish a network of non-profit preschools for low income communities, establishing the "Day 1 Families Fund" and the "Day 1 Academies Fund".
In September 2018, Jeff Bezos donated $10 million to With Honor, a nonpartisan organization that works to increase the number of veterans in political office.
On October 2, 2018, Jeff Bezos announced a company-wide wage increase, raising the minimum wage to $15 per hour, which was applauded by Senator Bernie Sanders.
In 2018, a $10 billion contract known as the Joint Enterprise Defense Infrastructure (JEDI) project, this time with the Pentagon, was allegedly written up in a way that favors Amazon.
In 2018, it was reported that Jeff Bezos met with Amazon investors for just six hours a year and required high-level employees to present information with six-page narratives instead of presentation slides.
In November 2019, after the JEDI contract was awarded to Microsoft instead, Amazon filed a lawsuit with allegations that the bidding process was biased.
In February 2020, Jeff Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund.
In April 2020, early in the COVID-19 pandemic, Jeff Bezos donated $100 million to food banks through Feeding America.
On February 2, 2021, Jeff Bezos emailed Amazon employees announcing he would step down as CEO in the third quarter of 2021 to become Executive Chairman of the Amazon Board, giving him more time for the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and other passions.
In February 2021, Jeff Bezos announced that he would step down as CEO of Amazon in the third quarter of 2021, transitioning to the role of Executive Chairman.
On July 5, 2021, Jeff Bezos stepped down as the CEO and president of Amazon, transitioning to the role of executive chairman, and was succeeded by Andy Jassy.
On July 6, 2021, the Pentagon cancelled the JEDI contract with Microsoft, citing that "due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs."
In July 2021, Jeff Bezos announced the Courage and Civility Award and donated $100 million each to lawyer Van Jones and chef José Andrés.
On July 20, 2021, Jeff Bezos launched on the NS-16 mission with his half-brother Mark Bezos, Wally Funk, and Oliver Daemen. The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0 km).
In September 2021, Jeff Bezos co-founded Altos Labs with Mail.ru founder Yuri Milner.
In November 2021, Jeff Bezos pledged to donate $2 billion towards restructuring food systems and nature conservation at the 2021 United Nations Climate Change Conference.
On November 22, 2021, Jeff Bezos donated $100 million to the Obama Foundation to "help expand the scope of programming that reaches emerging leaders", and requested the Obama Presidential Center's plaza to be named after John Lewis.
In 2021, Jeff Bezos stepped down as CEO of Amazon, focusing on Blue Origin, and became engaged to Lauren Sánchez.
On January 19, 2022, Altos Labs launched with a start capital of $3 billion and an executive team led by Hal Barron, dedicated to developing longevity therapeutics through cellular reprogramming.
On November 22, 2022, Jeff Bezos awarded $123 million to organizations engaged in relocating homeless families to permanent housing through Day 1 Families Fund grants.
According to Forbes, in 2023 Jeff Bezos was the second-wealthiest person in America and the third-wealthiest person in the world.
According to Bloomberg Billionaires Index, in February 2024 Jeff Bezos' net worth is about $197 billion, making him the second-wealthiest person in the world.
In February 2024, Jeff Bezos sold 24 million shares of Amazon stock for $4 billion and announced plans to sell 50 million more shares over the next year.
In March 2024, Jeff Bezos donated $50 million each to actress Eva Longoria and retired admiral Bill McRaven.
In July 2024, Jeff Bezos held a private phone conversation with then-candidate Donald Trump, which reportedly planted the seeds of a "Bezos–Trump alliance".
During an interview at the DealBook Summit in December 2024, Jeff Bezos stated that he was dedicating 95% of his time to artificial intelligence initiatives at Amazon.
According to the Financial Times, in 2024, Jeff Bezos worked to have a positive relationship with Donald Trump, reportedly to further his business interests.
In February 2025, Jeff Bezos dined with Elon Musk and Donald Trump at Mar-a-Lago, and Amazon subsequently donated $1 million to Trump's inauguration. Also in February 2025, Bezos announced changes to The Washington Post's opinion policies to promote "free markets and personal liberties".
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